Out With The Old, In With The Nu
September 6th, 2023
Via Latinometrics, a look at Nubank’s dramatic growth in Brazil: If disruption were a chart, the above would be it. The five giant banks of Brazil, which collectively hold $1.5T+ in assets, have remained practically unmoved in terms of number of customers in the past two years. Nubank’s uprising is not new to them; the digital bank created […]
Read more »BRICS Expansion Is No Triumph for China
August 29th, 2023
Courtesy of Foreign Policy, commentary that BRICS expansion is not a triumph for China, but rather a warning shot for the West to end its strategic slumber in the global south: Those who believe that the world is moving to a post-Western global order saw their belief confirmed last week. At its annual summit in […]
Read more »Does an Expanded BRICS Mean Anything?
August 27th, 2023
Via Project Syndicate, analysis of by Jim O’Neill – former chairman of Goldman Sachs Asset Management and a former UK treasury minister – on the news that the BRICS (Brazil, Russia, India, China, and South Africa) will accept new members, one wonders if the grouping can pose a genuine challenge to the prevailing global-governance institutions: […]
Read more »Future of the BRICS
August 22nd, 2023
Via Geopolitical Futures, commentary on the BRICS’ future: On Aug. 22-24, members of the BRICS grouping will hold a summit in Johannesburg. They’re expected to discuss two key issues: enlargement and the possibility of adopting a common currency. Both issues are critical to the future of this partnership of five large developing nations: Brazil, Russia, […]
Read more »Shaky Foundations for the BRICS Expansion Push
August 9th, 2023
Courtesy of The Diplomat, a report that – while China and Russia are keen to expand BRICS into a coalition to counter the U.S. – Brazil and India are reluctant: The 15th summit of the BRICS group (composed of Brazil, Russia, India, China and South Africa), will take place in Johannesburg, South Africa, from August 22-24 […]
Read more »This Club Isn’t Big Enough for Both India and China
August 4th, 2023
Via Bloomberg, commentary that tensions between the Asian rivals will likely prevent the BRICS bloc from ever posing a coherent challenge to the West: For an acronym coined by an investment bank in a decades-old report notable mainly for being wrong, “BRICS” has had a good run. It was once an idea, then a summit, and […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.